Is Silver next?

[spencer rifle]

Heck, the Philharmonics are only a dollar more than the cheapest generic round!

Even less than a dollar.
Silvergoldbull has generic rounds for $22.71
Hero Bullion has Phils for $22.97

 

[teddy12b]

When it comes to what type of precious metal I buy, I focus on silver, then make sure whatever I buy is labeled clearly enough that if I'm trying to explain to a novice why it's worth something bartering that I want them to see 1oz, .9999 or whatever.

I have some American Silver Eagles, but otherwise I stick to pure bullion and I find the bars stack/store easier than rounds. That's one reason why I used to buy the Apmex 1oz bars, but I'm curious about what makes you guys decide to buy what you end up buying. Personally I don't get my tiny collection out and look at the designs or have any real collection other than just pure quantity.

 

[DoggyDaddy]

When it comes to what type of precious metal I buy, I focus on silver, then make sure whatever I buy is labeled clearly enough that if I'm trying to explain to a novice why it's worth something bartering that I want them to see 1oz, .9999 or whatever.

I have some American Silver Eagles, but otherwise I stick to pure bullion and I find the bars stack/store easier than rounds. That's one reason why I used to buy the Apmex 1oz bars, but I'm curious about what makes you guys decide to buy what you end up buying. Personally I don't get my tiny collection out and look at the designs or have any real collection other than just pure quantity.

I've been getting a lot of 10 oz. bars lately to get quantity with less required storage space, and the price makes the shipping free. I did buy 10 rounds yesterday just because they were cheaper than the 10 oz. bars.

 

[Mij]

Back when I bought metal I bought Eagles for the rock solid assurance of the quality, and that was the best advice of the time.

Then I branched out to the collecting aspect of different smelters. I have many small, odd shape ingots, some with odd weights, like 10.47 oz. I’ve got two with odd weights with coral on them. They have all been checked with a device that tell’s purity. Some are private smelters and I’m sure some are one of a kind. And as I said it’s more of a collector thing. Like guns or pocketknives or baseball cards.

 

[nonobaddog]

The 10 oz bars do stack and store better but in the dystopian future the dumocraps want so bad it would also be handy to have smaller stuff for smaller purchases. Like you want to buy a box of five 12 gauge slugs and you don't want to pay over $200 worth of silver for it. It might not work well if you plan to make the other guy have the change all the time.

 

[spencer rifle]

Content labeling is important, and I look for it more now that previously. Taxes now make obtaining many world coins intended for circulation more expensive, since they are less pure.
For gold I'm looking at First Spouse 1/2 ounce coins, mainly at Liberty Coin.
For silver, Phils are good but have no purity labeling besides Feinsilber (thought the gold Phils do have a purity mark). Having the Austrian government stand behind them is not that valuable to me. So mostly interested in rounds (1 ounce) and bars (5 to 10 ounce).

 

[snorko]

Gold for wealth storage, silver for savings / speculation/temp. holding / barter.

Savings: Quality sovereign coins in mint tubes, some good quality rounds and bars (eg RCM, Royal British bars)
Spec/temp holdings: 1oz to 10oz known mint rounds & bars such as Sunshine, Silvertown, Golden State, etc.
Barter: 1oz rounds and sovereign coins, 90% (constitutional) silver in dimes, quarters and halves.

 

[teddy12b]

Like you want to buy a box of five 12 gauge slugs and you don't want to pay over $200 worth of silver for it.

Exactly why I'm almost completely invested in 1oz bars. I look at them as a replacement for a $20 bill.

 

[Cozy439]

Exactly why I'm almost completely invested in 1oz bars. I look at them as a replacement for a $20 bill.

Same logic I use. Sadly, by the time these are used for barter, they will likely be a replacement for a $50 or $100 bill

 

[asevans]

May need it sooner than you think

 

[dieselrealtor]

Same logic I use. Sadly, by the time these are used for barter, they will likely be a replacement for a $50 or $100 bill

Copper pennies should have some value on smalls, been saving them for some time.

I believe silver dimes, quarters, etc. are good divisional silver.

 

[nonobaddog]

Copper pennies should have some value on smalls, been saving them for some time.

I believe silver dimes, quarters, etc. are good divisional silver.

Ammo
ones, twos, boxes, cases

 

[snorko]

Ammo
ones, twos, boxes, cases

This would be true barter. Let's remember, barter is the exchange of goods or services of value for other goods/services of equal value. When we are talking about using 90% silver it is not actually barter but using silver as a medium of exchange.

 

[hANNAbONE]

Just bought 15 British

2022 1 oz Silver Queen's Virtues Truth Coins​

 

[teddy12b]

Same logic I use. Sadly, by the time these are used for barter, they will likely be a replacement for a $50 or $100 bill

Very true! I never thought of it like that, but maybe I should get some half ounce bullion too.

 

[snorko]

Very true! I never thought of it like that, but maybe I should get some half ounce bullion too.

That's what constitutional or 90% is for. $1.00 face = 0.715 ounces.

 

[spencer rifle]

Or another way - $1.40 is one troy ounce.

Got some of these:

Buy Silver & Gold Bullion Online | Silver Gold Bull US

A great option for anyone looking for the lowest price on precious metals and diversifying their collection. If you are looking for value and design isn't a concern, this may be the best option available. ROUND HIGHLIGHTS *Ships individually in a plastic sleeve *Consisting of 1 oz of 999 Fine...

silvergoldbull.com

 

[BigRed]

U.S. Army 2.5 Ounce Silver Medal Released | CoinNews

Today, March 6, at noon EST, the United States Mint will offer their 2.5-ounce Armed Forces Silver Medal honoring the U.S. Army. The collectible is struck in 99.9% fine silver to a diameter of 2 inches. Representing the fifth of six designs from the series, this large format medal has a mintage...

www.coinnews.net

 

[dieselrealtor]

Or another way - $1.40 is one troy ounce.

Got some of these:

Buy Silver & Gold Bullion Online | Silver Gold Bull US

A great option for anyone looking for the lowest price on precious metals and diversifying their collection. If you are looking for value and design isn't a concern, this may be the best option available. ROUND HIGHLIGHTS *Ships individually in a plastic sleeve *Consisting of 1 oz of 999 Fine...

silvergoldbull.com

Looks like a good deal, do the ones you received have purity marked on them?

 

[spencer rifle]

Looks like a good deal, do the ones you received have purity marked on them?

They’re supposed to, but I will let you know.
They were $22.20 each at the time.